Manufacturing, value added (constant LCU), annual growth rate in Cuba
Cuba: Manufacturing, value added (constant LCU), annual growth rate was -10.08 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-10.08 % change on previous year
Change on year
down 47.1%
World rank
185th
of 190 countries
All-time high
19.25 % change on previous year
in 1981
All-time low
-16.51 % change on previous year
in 1992
Years of data
54
1971–2024
Manufacturing, value added (constant LCU), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for manufacturing, value added (constant lcu), annual growth rate in Cuba is -10.08 % change on previous year, measured in 2024.
Compared with earlier readings it is down 47.1% on the previous year and down 179.1% over ten years.
Over the whole period, manufacturing, value added (constant lcu), annual growth rate in Cuba peaked at 19.25 % change on previous year in 1981 and was at its lowest, -16.51 % change on previous year, in 1992.
Cuba ranks 185th of 190 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant LCU), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.59 % change on previous year | — |
| 1972 | 4.82 % change on previous year | -43.9% |
| 1973 | 3.42 % change on previous year | -29.2% |
| 1974 | 0.945 % change on previous year | -72.3% |
| 1975 | 9.58 % change on previous year | +913.7% |
| 1976 | 5.45 % change on previous year | -43.1% |
| 1977 | 8.63 % change on previous year | +58.5% |
| 1978 | 6.5 % change on previous year | -24.7% |
| 1979 | 0.9399 % change on previous year | -85.5% |
| 1980 | -4.13 % change on previous year | -539.0% |
| 1981 | 19.25 % change on previous year | -566.6% |
| 1982 | 8.36 % change on previous year | -56.6% |
| 1983 | 5.23 % change on previous year | -37.4% |
| 1984 | 7.45 % change on previous year | +42.5% |
| 1985 | 7.02 % change on previous year | -5.8% |
| 1986 | -5.65 % change on previous year | -180.5% |
| 1987 | -3.66 % change on previous year | -35.3% |
| 1988 | 5.37 % change on previous year | -246.8% |
| 1989 | -1.14 % change on previous year | -121.2% |
| 1990 | -5.05 % change on previous year | +343.8% |
| 1991 | -9.49 % change on previous year | +88.1% |
| 1992 | -16.51 % change on previous year | +73.9% |
| 1993 | -11.49 % change on previous year | -30.4% |
| 1994 | 7.64 % change on previous year | -166.5% |
| 1995 | 6.42 % change on previous year | -15.9% |
| 1996 | 7.88 % change on previous year | +22.7% |
| 1997 | 6.18 % change on previous year | -21.6% |
| 1998 | -8.13 % change on previous year | -231.6% |
| 1999 | 7.19 % change on previous year | -188.5% |
| 2000 | 5.15 % change on previous year | -28.4% |
| 2001 | -0.6009 % change on previous year | -111.7% |
| 2002 | 0.1506 % change on previous year | -125.1% |
| 2003 | -1.98 % change on previous year | -1416.1% |
| 2004 | 2.48 % change on previous year | -225.1% |
| 2005 | 9.5 % change on previous year | +283.1% |
| 2006 | 4.66 % change on previous year | -50.9% |
| 2007 | 9.65 % change on previous year | +107.0% |
| 2008 | 5.22 % change on previous year | -45.9% |
| 2009 | 0.9137 % change on previous year | -82.5% |
| 2010 | 1.09 % change on previous year | +19.4% |
| 2011 | 3.95 % change on previous year | +261.8% |
| 2012 | 2.19 % change on previous year | -44.4% |
| 2013 | 2.06 % change on previous year | -6.1% |
| 2014 | -3.61 % change on previous year | -275.3% |
| 2015 | 6.27 % change on previous year | -273.7% |
| 2016 | -5.2 % change on previous year | -182.8% |
| 2017 | -1.08 % change on previous year | -79.2% |
| 2018 | -0.9153 % change on previous year | -15.1% |
| 2019 | -6.1 % change on previous year | +566.5% |
| 2020 | -14.57 % change on previous year | +138.9% |
| 2021 | -15.77 % change on previous year | +8.2% |
| 2022 | -6.77 % change on previous year | -57.1% |
| 2023 | -6.85 % change on previous year | +1.3% |
| 2024 | -10.08 % change on previous year | +47.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.43 % change on previous year | 0.9399 % change on previous year | 9.58 % change on previous year | 9 |
| 1980s | 3.81 % change on previous year | -5.65 % change on previous year | 19.25 % change on previous year | 10 |
| 1990s | -1.54 % change on previous year | -16.51 % change on previous year | 7.88 % change on previous year | 10 |
| 2000s | 3.51 % change on previous year | -1.98 % change on previous year | 9.65 % change on previous year | 10 |
| 2010s | -0.1337 % change on previous year | -6.1 % change on previous year | 6.27 % change on previous year | 10 |
| 2020s | -10.81 % change on previous year | -15.77 % change on previous year | -6.77 % change on previous year | 5 |
Countries ranked near Cuba
- 182 Venezuela, Bolivarian Republic of -7.22 % change on previous year compare
- 183 Libya -9.02 % change on previous year compare
- 184 Bermuda -9.73 % change on previous year compare
- 186 Central African Republic -10.28 % change on previous year compare
- 187 Iraq -10.61 % change on previous year compare
- 188 Equatorial Guinea -12.65 % change on previous year compare
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is manufacturing, value added (constant lcu), annual growth rate in Cuba?
- Manufacturing, value added (constant lcu), annual growth rate in Cuba was -10.08 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), annual growth rate recorded in Cuba?
- The highest recorded value was 19.25 % change on previous year in 1981.
- What is the lowest manufacturing, value added (constant lcu), annual growth rate recorded in Cuba?
- The lowest recorded value was -16.51 % change on previous year in 1992.
- How does Cuba rank for manufacturing, value added (constant lcu), annual growth rate?
- Cuba ranks 185th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), annual growth rate rising or falling in Cuba?
- Over the last ten years it is down 179.1%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Manufacturing, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.